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Due Diligence Risk

oboloo Glossary

Due Diligence Risk

Due Diligence Risk is the risk associated with any action or decision taken when evaluating a potential business partner, project, or venture. It refers to the thoroughness with which an individual or organization examines available information and conducts investigations before making an informed decision. Due Diligence Risk emphasizes taking all measures necessary to ensure that no relevant detail has been overlooked and that no one has misled the decision-makers. In short, it is a process of ensuring that all potential risks have been considered, allowing businesses to make more informed decisions.

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